Democratic Large Cap Core ETF (NASDAQ:DEMZ) Shares Down 0.4% – Here’s Why

Democratic Large Cap Core ETF (NASDAQ:DEMZ) traded down 0.4% on Tuesday . The stock traded as low as $41.81 and last traded at $41.88. 5,121 shares traded hands during trading, an increase of 14% from the average session volume of 4,511 shares. The stock had previously closed at $42.03.

Democratic Large Cap Core ETF Stock Down 0.4%

The business has a 50-day simple moving average of $43.02 and a two-hundred day simple moving average of $42.44. The company has a market cap of $54.44 million, a price-to-earnings ratio of 28.63 and a beta of 1.06.

Democratic Large Cap Core ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were paid a $0.4162 dividend. The ex-dividend date was Tuesday, December 30th. This represents a yield of 97.0%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Democratic Large Cap Core ETF stock. Winnow Wealth LLC purchased a new stake in shares of Democratic Large Cap Core ETF (NASDAQ:DEMZ) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,400 shares of the company’s stock, valued at approximately $405,000. Winnow Wealth LLC owned 0.90% of Democratic Large Cap Core ETF at the end of the most recent reporting period.

About Democratic Large Cap Core ETF

The Democratic Large Cap Core ETF (DEMZ) is an exchange-traded fund that is based on the Democratic Large Cap Core index. The fund tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates. DEMZ was launched on Nov 2, 2020 and is managed by RAM.